Tag: cointelegraph

Oct 26
Why is the crypto market up today?

Bitcoin (BTC) volatility is finally giving BTC bulls what they want — but why now? After drifting lower for months and spending recent weeks in a tiny trading range, BTC/USD has delivered 24-hour gains in excess of 7%. Hitting its highest levels since mid-September, the largest cryptocurrency is rewarding those who refused to sell and […]

Oct 26
Singapore MAS proposes to ban cryptocurrency credits

The Monetary Authority of Singapore (MAS) is introducing proposals to better regulate the cryptocurrency industry in the aftermath of the bankruptcy of the Singaporean crypto hedge fund Three Arrows Capital (3AC). The central bank of Singapore has issued two consultation papers on proposals for regulating the operations of digital payment token service providers (DPTSP)​​ and […]

Oct 26
The UK has a new name for stablecoins and a new bill to regulate crypto

The proposal is another ripple of recognition for the Bitcoin, crypto and digital assets industries in the United Kingdom. 1814 Total views 8 Total shares The United Kingdom moved forward on the Financial Services and Markets Bill on Oct. 25, hardening its vision for Bitcoin (BTC) cryptocurrency and “digital settlement assets” in the country. The […]

Oct 26
Nigerians’ passion for crypto is stopping short at the eNaira

With less than 0.5% adoption, the central bank of Nigeria is struggling to push its eNaira CBDC to its citizens. 1102 Total views 6 Total shares Nigeria’s central bank digital currency (CBDC) is not getting the warm reception expected from its crypto-savvy population. According to a Bloomberg report, less than 0.5% of Nigeria’s 217 million […]

Oct 26
Nifty News: Reddit NFTs surge into OpenSea top 10, judge likens NFTs to ‘luxury’ property and more

Reddit NFTs among OpenSea’s top 10 collections Reddit’s Polygon-based nonfungible token (NFT) venture continues to impress, with three of its tokenized avatar collections cracking the top 10 projects on OpenSea in terms of sales volume this week. Looking at the 24-hour sales volume chart, Spooky Season by Reddit user poieeeyee is ranked second with 274 […]

Oct 26
Friday after-work drinks with Twitter’s new owner Elon Musk, who’s in?

After Elon Musk signaled his intention to continue the deal to buy the social media platform earlier in October, reports are emerging that the acquisition is almost over. 956 Total views 27 Total shares Crypto-friendly billionaire Elon Musk is set to finalize the acquisition of social media platform Twitter by Friday, Oct. 28 which brings […]

Oct 26
Almost 50% of Gen Z and Millennials want crypto in retirement funds: Survey

Nearly half of Gen Z and Millennials want to see crypto become a part of their 401(k) retirement plans, according to an October survey from United States asset manager Charles Schwab.  Asking participants what they would like to see added to their 401(k) retirement products, the firm found that 46% of Gen Z and 45% […]

Oct 26
Wealthy crypto believer and incoming UK PM Rishi Sunak once commissioned a royal NFT

The new leader of the world’s sixth-largest economy is the former chancellor of the exchequer and is said to be richer than King Charles. He is also a firm crypto supporter. 5081 Total views 98 Total shares Rishi Sunak is set to become prime minister of the United Kingdom within days. Sunak was defeated for […]

Oct 26
CashApp adds support for Bitcoin Lightning Network

There is a limit of $999 every seven days for BTC transactions on the Lightning Network. 2031 Total views 12 Total shares According to a new page added to its support section on Oct. 25, Cash App — a mobile phone payment processing app created by Block Inc. — has added support for transactions via the Bitcoin […]

Oct 25
Western Union may be planning to expand its digital offerings far beyond remittances

Trademark applications seem to hint at an asset and commodities exchange, insurance, and Western Union’s own token as it faces increasingly diverse competition in the remittances market. 773 Total views 63 Total shares Western Union may be preparing to offer crypto-related services, judging from trademark applications filed by the company last week. This is the […]